COCOS/USDT (Bull Flag Potential?)
COCOS/USDT
-is forming a bullish descending channel
-currently holding 200ma & 100ma on 4H chart
-trading just above the immediate support area
-bulls still have the chance to hold the mid-term target
-must not break previous low at 255 (below is stop-loss)
-upside potential target is the swing High 336
-expect consolidation for the next 4-7 days
-short term downtrend but we are still bullish
-is forming a bullish descending channel
-currently holding 200ma & 100ma on 4H chart
-trading just above the immediate support area
-bulls still have the chance to hold the mid-term target
-must not break previous low at 255 (below is stop-loss)
-upside potential target is the swing High 336
-expect consolidation for the next 4-7 days
-short term downtrend but we are still bullish
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